us30 is bullish and this is my technical analysis. based upon it respecting the 38.2 PRZ the first project is 27.8
The US30 index closed lower today as I predicted. I readjusted my fibs and I now have the 23% retracementl fib level lined up perfectly with one of my major indecision levels. seen that the market made a strong push to the upside; based on my analysis the more volitile the move is the smaller the retrace so now I am expecting this corrective move to trend lower...
upcoming week for us30, the market is currently at my weekly indecision level and I am looking for it to respect my weekly level and retrace at least 50 percent of the impulsive move. then continuing trending up after retesting the previous high.